Common Cents Blog
Way back in the 1990s, when I was first studying for the appropriate (now) FINRA exams, I noticed something about the MSRB (Municipal Securities Rulemaking Board) rules, and others, as they pertained to the advisor/client relationships:…
Someone once asked me the difference between an economist at a university and one at an investment firm. Okay, I lie. A lot of people have asked me that over the years, as it is confusing.…
This week, the members of the US Women’s National Team (USWNT), soccer, filed a discrimination lawsuit against the US Soccer Federation (USSF) over the disparate pay between the USWNT and the US Men’s National Team (USMNT).…
Last week, I attempted to explain Modern Monetary Theory (MMT), and am not sure I did a good job doing so. Frankly, I am not certain how anyone could, save a smug so & so with…
Over the next 18 months, we, the general public, are going to get a heaping helping of discussion about something called ‘Modern Monetary Theory’ (MMT). This is a macroeconomic framework which leftist economists and politicians have…
Yesterday afternoon, the Kraft Heinz company (KHC) issued its earnings for the most recent quarter, as well as announcing the impairment of a massive amount of goodwill, some $15 billion, on its balance sheet. Obviously, this had…
This week, freshman Representative Alexandra Ocasio-Cortez sponsored, I guess you could call it that, a resolution she called: “Recognizing the duty of the Federal Government to create a Green New Deal.” The Green in this instance…
In response to last week’s Common Cents about recent proposals to tax ‘the rich,’ a buddy of mine wrote what was basically a ‘yeah but’ email, positing higher taxes can be offset in the economy by…
There seem to be a lot of headlines about this or that way to raise additional tax revenue for the Federal government. Senator Elizabeth Warren has proposed a tax on personal assets in excess of $50…
The calendar may have turned a page, but it sure feels like déjà vu all over again. If you read financial and business news, you might have seen Apple issued a press release last night warning…